The shares were sold in multiple trades on Wednesday.
Some 12,514 shares were sold at a weighted average price of just under $119.36, while 7,486 shares went at a weighted average price of $120.24.
Pre-arranged trading plan
The shares were sold as part of a pre-arranged stock trading plan disclosed last June with the objective of diversifying Fain’s personal assets.
RCL shares closed down $1.24 at $118.26 Wednesday.